King Creek is a small community in New South Wales within the Port Macquarie-Hastings local government area (postcode 2446). With a population of 1,863, the suburb has a mature demographic with a median age of 45. Households earn a median income of $109K per year, with an average household size of 3 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Irish.
The median house price in King Creek is $1.6 million, having grown strongly 8.5% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $2,167.
Public transport access includes 13 bus stops. The crime rate in the Port Macquarie-Hastings LGA is below average at 3,538 incidents per 100,000 population.
From an investment perspective, King Creek offers a gross rental yield of 1.5%, rated as low yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 14.6x is considered stretched. House prices have moved +8.5% year-on-year.
King Creek is a small community in New South Wales within the Port Macquarie-Hastings local government area (postcode 2446). With a population of 1,863, the suburb has a mature demographic with a median age of 45. Households earn a median income of $109K per year, with an average household size of 3 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Irish.
The median house price in King Creek is $1.6 million, having grown strongly 8.5% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $2,167.
Public transport access includes 13 bus stops. The crime rate in the Port Macquarie-Hastings LGA is below average at 3,538 incidents per 100,000 population.
From an investment perspective, King Creek offers a gross rental yield of 1.5%, rated as low yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 14.6x is considered stretched. House prices have moved +8.5% year-on-year.